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5 Cordobas

Issuer Banco Central de Nicaragua
Year 1962
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Currency First Córdoba (1912-1987)
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Obverse description Green intaglio print over a multicolor guilloche underprint, with black serial numbers. A vignette of Cacique Nicarao occupies the center of the note, rendered in fine engraved line work. The denomination and issuing authority appear in formal letterpress inscriptions surrounding the central design.
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Reverse description Green intaglio print over a multicolor guilloche underprint. A central engraved vignette presents a portrait of Francisco Hernández de Córdoba, founder of Nicaragua's first cities and namesake of the currency. The denomination and issuing authority are inscribed in letterpress across the design.
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Comments

Nicaragua's reliance on the American Bank Note Company for its currency printing ran deep through the mid-twentieth century, and this 1962 issue arrived during a period when the Somoza family's grip on the country — and its central bank — was absolute. The Banco Central itself had only been established in 1961, making this among the earliest notes it issued under its own authority, distinct from the predecessor Banco Nacional series.

ABNC's intaglio work on Nicaraguan notes from this period is generally fine, though the 5 Córdobas denomination saw heavier day-to-day handling than higher values and survivors in unimpaired condition are proportionally fewer.

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